NOTES PAYABLE (Details) $ in Thousands	Sep. 30, 2017 USD ($)
Notes Payable	$ 827,568
Accrued Interest	2,797
Total Debt	830,365
Unamortized deferred borrowing costs	(18,389)
Apartments [Member]
Notes Payable	537,396
Accrued Interest	1,476
Total Debt	538,872
Apartments Under Construction [Member]
Notes Payable	43,507
Total Debt	43,507
Commercial [Member]
Notes Payable	127,182
Accrued Interest	602
Total Debt	127,784
Land [Member]
Notes Payable	24,712
Accrued Interest	230
Total Debt	24,942
Real Estate Subject To Sales Contract [Member]
Notes Payable	3,450
Accrued Interest	489
Total Debt	3,939
Mezzanine Financing [Member]
Notes Payable	100,673
Total Debt	100,673
Other [Member]
Notes Payable	9,037
Total Debt	9,037
Total Notes Payable [Member]
Notes Payable	845,957
Accrued Interest	2,797
Total Debt	848,754
Unamortized deferred borrowing costs	$ (18,389)